Virtual Accounting for Competitive Advantage

Designed for Directors, CEOs, CFOs, Controllers, CPAs, Internal Auditors, Management Accountants

One Day Program -- 8 CPE Credits

Description

Faster and smarter month-end closings to gain a competitive advantage can be a reality. Learn how to apply techniques for improving work flow and implementing best practices to streamline financial reporting and accounting. Techniques for applying technology combined with improving business processes are spelled out. You will gain tools that will accelerate financial closings and produce real-time data. Achieve smarter and faster results with the application of Six Sigma tools and continuous improvement of JIT concepts. Real-time reporting is a competitive necessity for survival in the 21st century. You will learn how to reduce reporting cycle time enabling delivery of more timely information to decision makers. Effective utilization of technology-enabled tools and software will free up finance staff time from processing data to focus on value-added analysis. Create a business intelligence framework to streamline business processes and access information faster which will improve your ability to spot business opportunities and gain a competitive edge in a rapidly changing business environment.

Objectives

  • Learn techniques to close the financial record faster to produce real-time reporting
  • Understand the techniques for improving work flow to streamline accounting and financial reporting 
  • Learn how to apply JIT concepts for real-time performance measurement 
  • Learn how to reduce errors using Six Sigma tools and accelerate cycle times
  • Understand how to create a technology based business intelligence framework

Agenda

  • Techniques for work flow improvement 
  • Mapping business processes 
  • Technology applications for business process improvement 
  • Application of JIT concepts for real-time reporting 
  • Solving problems using Six Sigma tools 
  • Concepts for cycle time reduction 
  • Creating a business intelligence framework 
  • Simplification of performance measurement

Download Virtual Accounting for Competitive Advantage Syllabus
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